42 U.S. Code § 13382 - Least-cost energy strategy
The first National Energy Policy Plan (in this subchapter referred to as the “Plan”) under section 7321 of this title prepared and required to be submitted by the President to Congress after February 1, 1993, and each subsequent such Plan, shall include a least-cost energy strategy prepared by the Secretary. In developing the least-cost energy strategy, the Secretary shall take into consideration the economic, energy, social, environmental, and competitive costs and benefits, including costs and benefits for jobs, of his choices. Such strategy shall also take into account the report required under section 13381 of this title and relevant Federal, State, and local requirements. Such strategy shall be designed to achieve to the maximum extent practicable and at least-cost to the Nation—
(1) the energy production, utilization, and energy conservation priorities of subsection (d) of this section;
(3) an increase in the efficiency of the Nation’s total energy use by 30 percent over 1988 levels by the year 2010;
(4) an increase in the percentage of energy derived from renewable resources by 75 percent over 1988 levels by the year 2005; and
(b) Additional contents
The least-cost energy strategy shall also include—
(1) a comprehensive inventory of available energy and energy efficiency resources and their projected costs, taking into account all costs of production, transportation, distribution, and utilization of such resources, including—
(B) energy efficiency, including existing technologies for increased efficiency in production, transportation, distribution, and utilization of energy, and other technologies that are anticipated to be available through further research and development; and
(2) a proposed two-year program for ensuring adequate supplies of the energy and energy efficiency resources and technologies described in paragraph (1), and an identification of administrative actions that can be undertaken within existing Federal authority to ensure their adequate supply;
(4) basecase forecasts of short-term and long-term national energy needs under low and high case assumptions of economic growth; and
(c) Secretarial consideration
In developing the least-cost energy strategy, the Secretary shall give full consideration to—
(1) the relative costs of each energy and energy efficiency resource based upon a comparison of all direct and quantifiable net costs for the resource over its available life, including the cost of production, transportation, distribution, utilization, waste management, environmental compliance, and, in the case of imported energy resources, maintaining access to foreign sources of supply; and
The least-cost energy strategy shall identify Federal priorities, including policies that—
(3) encourage technologies, including clean coal technologies, that generate lower levels of greenhouse gases;
(4) promote the use of renewable energy resources, including solar, geothermal, sustainable biomass, hydropower, and wind power;
(5) affect the development and consumption of energy and energy efficiency resources and electricity through tax policy;
The Secretary shall include in the least-cost energy strategy an identification of all of the assumptions used in developing the strategy and priorities thereunder, and the reasons for such assumptions.
When comparing an energy efficiency resource to an energy resource, a higher priority shall be assigned to the energy efficiency resource whenever all direct and quantifiable net costs for the resource over its available life are equal to the estimated cost of the energy resource.
(g) Public review and comment
The Secretary shall provide for a period of public review and comment of the least-cost energy strategy, for a period of at least 30 days, to be completed at least 60 days before the issuance of such strategy. The Secretary shall also provide for public review and comment before the issuance of any update to the least-cost energy strategy required under this section.
Source(Pub. L. 102–486, title XVI, § 1602,Oct. 24, 1992, 106 Stat. 2999.)
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